Financial summary (Group)

Income statement NOKm	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Interest income	3,597	4,031	4,265	4,118	3,928	3,891	3,422	3,462	4,827	3,484
Interest expenses	1,714	2,159	2,475	2,502	2,451	2,499	2,105	2,137	3,477	2,345
Net interest and credit comission income	1,883	1,872	1,790	1,616	1,477	1,392	1,317	1,325	1,350	1,139
Commision and fee income	1,674	1,545	1,512	1,463	1,139	919	855	756	610	671
Income from investment in related companies	423	448	527	355	244	248	276	349	393	233
Return on financial investements	521	11	193	147	207	186	133	247	-186	99
Total income	4,502	3,876	4,021	3,580	3,067	2,746	2,582	2,677	2,167	2,142
Salaries, fees and other personnel costs	1,159	1,093	1,002	914	924	810	583	725	623	583
Other operating expenses	844	838	787	807	730	672	557	528	571	519
Total costs	2,003	1,931	1,789	1,722	1,654	1,482	1,140	1,253	1,194	1,103
Operating profit before losses	2,499	1,945	2,232	1,859	1,413	1,264	1,441	1,424	975	1,039
Losses on loans and guarantees	516	169	89	101	58	27	132	277	202	-6
Operating profit	1,983	1,776	2,143	1,758	1,355	1,236	1,309	1,147	773	1,045
Taxes	341	370	362	388	295	255	260	210	156	200
Held for sale	4	-1	0	30	16	43	-27
Profit of the year	1,647	1,406	1,782	1,400	1,077	1,024	1,022	937	617	846

Dividend	389	292	292	227	195	190	285	201	116	324

Balance sheet NOKm
Cash and loans to and claims on credit institutions	4,207	5,677	5,965	5,984	4,091	4,075	2,532	1,260	4,548	3,878
CDs, bonds and other interest-bearing securities	29,489	30,282	27,891	26,358	25,614	21,485	22,948	19,302	12,035	7,246
Loans before loss provisions	102,325	93,974	90,578	80,548	74,943	73,105	69,847	61,782	64,016	59,178
- Specified loan loss provisions	632	183	172	173	144	172	222	219	215	116
- Unspecified loan loss provisions	339	376	295	295	295	290	290	289	245	185
Other assets	3,030	2,540	2,080	2,938	3,766	3,251	3,182	2,704	4,540	1,502
Total assets	138,080	131,914	126,047	115,360	107,975	101,455	97,997	84,541	84,679	71,503

Debt to credit institutions	10,509	8,155	9,123	6,581	7,410	9,118	13,062	11,310	9,000	5,346
Deposits from and debt to customers	67,168	64,090	60,680	55,927	52,252	47,871	42,786	37,227	35,280	32,434
Debt created by issuance of securities	40,390	40,569	39,254	36,806	33,121	31,306	29,625	24,070	29,680	23,950
Other debt and accrued expences etc.	1,532	1,734	1,095	1,485	2,070	2,122	1,922	1,876	2,045	2,265
Subordinated debt	3,182	3,463	3,371	3,319	3,040	2,690	2,756	3,875	3,156	2,648
Total equity	15,299	13,904	12,524	11,242	10,082	8,348	7,846	6,183	5,518	4,860
Total liabilities and equity	138,080	131,914	126,047	115,360	107,975	101,455	97,997	84,541	84,679	71,503

Key figures
Total assets	138,080	131,914	126,047	115,360	107,919	101,455	97,997	84,541	84,679	71,503
Average total assets	137,060	128,355	117,794	111,843	105,500	98,465	91,317	86,679	75,820	67,202
Gross loans to customers	102,325	93,974	90,578	80,548	74,943	73,105	69,847	61,782	64,016	59,178
Gross loans to customers incl. SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt	137,535	127,378	120,435	112,283	104,925	95,232	87,665	77,429	71,317	61,910
Gross loans in retail market	89,402	80,725	74,087	68,591	62,587	55,034	49,619	45,157	42,679	38,872
Gross loans in corporate market	48,133	46,653	46,348	43,692	42,322	40,198	38,046	32,272	28,638	23,038
Deposits from and debt to customers	67,168	64,090	60,680	55,927	52,252	47,871	42,786	37,227	35,280	32,434
Deposits from retail market	29,769	28,336	26,496	23,891	22,279	20,860	19,052	17,898	17,566	16,070
Deposits from corporate market	37,398	35,754	34,184	32,036	29,973	27,011	23,734	19,330	17,715	16,363
Ordinary lending financed by ordinary deposits	66 %	68 %	67 %	69 %	70 %	65 %	61 %	60 %	55 %	55 %
Ordinary lending incl. SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt financed by ordinary deposits	49 %	50 %	50 %	50 %	50 %	50 %	49 %	48 %	49 %	52 %

Capital adequacy
CET1 Capital	13,229	12,192	10,679	9,374	8,254	6,687	6,177	4,938	4,356	3,291
Core capital	15,069	13,988	12,382	10,989	9,357	7,856	7,286	6,730	4,967	3,703
Primary capital	17,185	16,378	14,937	12,417	10,943	9,055	8,646	8,730	7,312	5,560
Risk weighted volume	88,788	89,465	95,317	84,591	82,446	75,337	66,688	64,400	61,538	47,775
Minimum requirements subordinated capital	7,103	7,157	7,625	6,767	6,596	6,027	5,335	5,152	4,923	3,822
CET 1 Ratio	14.90 %	13.63 %	11.20 %	11.08 %	10.01 %	8.87 %	9.27 %	7.67 %	7.13 %	7.41 %
Core capital ratio	16.97 %	15.63 %	12.99 %	12.99 %	11.35 %	10.43 %	10.93 %	10.45 %	8.07 %	8.41 %
Capital ratio	19.36 %	18.31 %	15.67 %	14.68 %	13.27 %	12.02 %	12.97 %	13.56 %	11.88 %	12.06 %
Leverage ratio	7.42 %	6.69 %	6.03%

Cost/income ratio	44 %	50 %	44 %	48 %	54 %	53 %	44 %	47 %	55 %	51 %
Losses on loans	0.39 %	0.14 %	0.08 %	0.09 %	0.06 %	0.03 %	0.16 %	0.31 %	0.21 %	-0.01 %
ROE	11.3 %	10.7 %	15.1 %	13.3 %	11.7 %	12.8 %	14.6 %	16.2 %	11.9 %	18.9 %
Growth in lending (gross)	8.0 %	5.8 %	7.3 %	7.0 %	10.2 %	8.6 %	13.2 %	8.6 %	15.2 %	17.2 %
Growth in deposits	4.8 %	5.6 %	8.5 %	7.0 %	9.2 %	11.9 %	14.9 %	5.5 %	8.8 %	7.6 %
Number of staff	1,328	1,298	1,273	1,238	1,216	1,153	1,117	1,108	1,062	1,017
Number of FTEs	1,254	1,208	1,192	1,159	1,135	1,109	1,035	1,017	973	940
Number of branches	48	49	49	50	51	54	54	55	56	56